Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold


Analysis for October 5th, 2015 EURUSD, “Euro vs US Dollar” Eurodollar is forming another descending structure towards 1.1136. After that, the market may form the fifth wave of flag correctional pattern with the target at 1.1350. Later, in our opinion, the instrument may continue falling inside the downtrend towards 1.1000. GBPUSD, “Great Britain Pound vs US Dollar” Pound moving close to the lows of its descending wave; the pair is forming another consolidation channel.
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